Kraken has officially rolled out Bitcoin staking through Babylon, allowing users to earn passive income on their BTC holdings without relinquishing custody.
The exchange now offers up to 1% annual percentage rate (APR) on staked Bitcoin, with rewards paid out in Babylon’s native token, $BABY.
Seamless Staking Experience for BTC Holders
The new staking feature is accessible through Kraken’s standard and Pro platforms, as well as its mobile apps. Users simply need to create a Kraken account, purchase or deposit BTC, and activate staking through the “Earn” tab. No minimum balance is required, and rewards are distributed weekly after daily accrual.
Kraken manages all technical processes — including bonding, participation, and reward distribution — eliminating the complexity typically involved in staking activities. Users continue to retain control over their Bitcoin, which remains secured on the Bitcoin blockchain.
Babylon-Powered Security for PoS Networks
This initiative leverages Babylon’s protocol to enable Bitcoin to support proof-of-stake (PoS) networks. By staking BTC, users contribute to the security of emerging decentralized ecosystems. As the Babylon ecosystem expands, stakers may also begin earning rewards from additional network tokens integrated into the platform.
Competitive Edge in Crypto Staking
Kraken emphasizes three core advantages for its staking service: fast onboarding, seamless exchange integration, and industry-leading security. With over 430 cryptocurrencies available for trading and staking, Kraken continues to position itself as a top-tier platform for digital asset management.
By offering Bitcoin staking through Babylon, Kraken opens up a new way for BTC holders to generate yield, while participating in the evolution of decentralized PoS infrastructure — all without compromising asset safety.
Kosta Gushterov
Reporter at Coindoo
Kosta has been a part of the team since 2021 and has solidified his position with a thirst for knowledge, incredible dedication to his work and a “detective-like” mindset. He not only covers a wide range of trending topics, he also creates reviews, PR articles and educational content. His work has also been referenced by other news outlets.
Source: https://coindoo.com/kraken-launches-bitcoin-staking-via-babylon-offers-1-apr-rewards/